Glorious Heart Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 5,997 | 2,630 | 3,367 | 15.4 | — |
| 2018 | 10,043 | 4,808 | 5,235 | 21.5 | — |
| 2019 | 8,619 | 6,162 | 2,457 | 21.5 | — |
| 2020 | 8,313 | 7,658 | 655 | 18.4 | — |
| 2021 | 17,072 | 6,952 | 10,120 | 37.7 | — |
| 2022 | 11,762 | 6,969 | 4,793 | 45.8 | — |
In its most recent public year (2022), this organization brought in $4,793 more than it spent. Its reserves stood at about 45.8 months of spending, up from 15.4 in 2017.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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